And it would be for the first time a binding joint resolution signed into law by the President so that you get the buy in from both the executive and the legislative branches of the government. And then of course, We reform the PAYGO process so that revenues that come into the trust funds can't be double counted and can't be used for unrelated spending. on other issues. So there are a whole range of budget reforms that we make that we think make sense. It creates a process, I think for the first time, where we actually can put downward pressure on spending. (01:11–01:20)
CLAIM
Asserts reforming the PAYGO process to prevent double counting and unrelated spending.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.